Britannia Industries Appoints New CEO Amid Increasing Sales and Profits

Written by Emily J. Thompson, Senior Investment Analyst

Source: Yahoo Finance

Updated: Nov 07 2025

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Source: Yahoo Finance

New CEO Appointment: Rakshit Hargave has been appointed as the new CEO of Britannia Industries, effective December 15, succeeding Rajneet Kohli, who resigned in March. Hargave previously served as CEO at Birla Opus and has extensive experience in executive roles at major companies.
Financial Performance: Britannia Industries reported a 4.1% year-on-year increase in net sales for the second quarter, reaching Rs47.52bn ($535.6m), with operating profit rising 22.9% to Rs8.69bn and net profit up 23.1% to Rs6.54bn.
Market Insights: Executive vice-chairman Varun Berry noted that revenue growth was supported by stable commodity prices and cost optimization efforts, while also acknowledging short-term challenges due to recent GST changes affecting the supply chain.
Annual Results: For the fiscal year ending March 31, Britannia's consolidated revenue grew by 7% to Rs179.42bn, with a slight increase in net profit to Rs21.77bn, and basic earnings per share rising by 1.8% to Rs90.45.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.